Equities analysts predict that Vishay Intertechnology, Inc. (NYSE:VSH) will report $0.38 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Vishay Intertechnology’s earnings. The lowest EPS estimate is $0.36 and the highest is $0.40. Vishay Intertechnology posted earnings of $0.25 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 52%. The firm is expected to report its next earnings report before the market opens on Thursday, October 26th.
According to Zacks, analysts expect that Vishay Intertechnology will report full-year earnings of $1.37 per share for the current year, with EPS estimates ranging from $1.34 to $1.39. For the next year, analysts forecast that the company will post earnings of $1.45 per share, with EPS estimates ranging from $1.39 to $1.55. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that that provide coverage for Vishay Intertechnology.
Vishay Intertechnology (NYSE:VSH) last announced its earnings results on Thursday, August 3rd. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.02. The business had revenue of $644.89 million for the quarter, compared to analysts’ expectations of $643.19 million. Vishay Intertechnology had a return on equity of 9.89% and a net margin of 3.34%. The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 EPS.
A number of research firms have recently weighed in on VSH. Zacks Investment Research raised Vishay Intertechnology from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective on the stock in a research report on Thursday, October 5th. BidaskClub raised Vishay Intertechnology from a “hold” rating to a “buy” rating in a research report on Wednesday, July 19th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $17.00 price objective on shares of Vishay Intertechnology in a research report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Vishay Intertechnology currently has a consensus rating of “Buy” and a consensus target price of $19.50.
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A number of large investors have recently bought and sold shares of the stock. Eqis Capital Management Inc. purchased a new position in Vishay Intertechnology in the third quarter valued at $292,000. Public Employees Retirement System of Ohio increased its holdings in Vishay Intertechnology by 72.3% in the second quarter. Public Employees Retirement System of Ohio now owns 52,577 shares of the semiconductor company’s stock valued at $873,000 after buying an additional 22,054 shares during the last quarter. Koch Industries Inc. purchased a new position in Vishay Intertechnology in the second quarter valued at $417,000. Sterling Capital Management LLC increased its holdings in Vishay Intertechnology by 10.0% in the second quarter. Sterling Capital Management LLC now owns 82,061 shares of the semiconductor company’s stock valued at $1,362,000 after buying an additional 7,450 shares during the last quarter. Finally, 361 Capital LLC purchased a new position in Vishay Intertechnology in the second quarter valued at $2,064,000.
Shares of Vishay Intertechnology (VSH) traded up 0.48% during mid-day trading on Monday, reaching $20.95. The company’s stock had a trading volume of 3,214,963 shares. The stock has a market cap of $3.06 billion, a P/E ratio of 39.75 and a beta of 1.24. The stock has a 50 day moving average of $18.63 and a 200-day moving average of $17.23. Vishay Intertechnology has a one year low of $13.70 and a one year high of $21.05.
Vishay Intertechnology announced that its board has authorized a share repurchase program on Wednesday, August 2nd that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the semiconductor company to reacquire up to 5.8% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its shares are undervalued.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 28th. Stockholders of record on Friday, September 15th were given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend was Thursday, September 14th. Vishay Intertechnology’s dividend payout ratio is currently 49.02%.
Vishay Intertechnology Company Profile
Vishay Intertechnology, Inc is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs.
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